126. Huge oil price hikes greet motorists

               Huge oil price hikes greet motorists




“In a text advisory, SeaOil Philippines Inc. raised pump prices effective 6 a.m. today “to reflect movements in the international petroleum market.”


“In separate advisories, Eastern Petroleum, Phoenix Petroleum Philippines and PTT Philippines also increased diesel prices by P1.50 per liter and gasoline by P1.10 per liter at 6 a.m. today.


“Pilipinas Shell Petroleum Corp. and Petron Corp. have yet to announce their respective price adjustments.


“Department of Energy-Oil Industry Management Bureau director Melita Obillo said speculations of oil traders that an agreement could be reached during the meeting among Organization of the Petroleum Exporting Countries and non-OPEC member-countries drove prices higher.


Good Evening, Oil Industry Management Bureau director Melita Obillo. We trust you are well. In reflection toward that of which we have just read we feel the Peoples are in a “need-to-know” basis of what here is actually transpiring; for the reflection of what transpired at the OPEC Non-OPEC meeting in Qatar on Sunday has absolutely nothing whatsoever to do with the grappling of the oil market by middleman traders at this hour.


It is the PEOPLES’ Oil and Gas so why are they being made to pay MORE FOR IT?


Shell Petroleum Corp has already ruined Africa so they had better be careful in what they are doing here.


You must admit that if the speculators who gamble heavily with the PEOPLES’ Oil and Gas Products in THE PEOPLES’ NAME HAD TO EVEN WAIT for a final result of the meeting before “knowing” the outcome ahead of the hour when OPEC was sitting on shaky ground in the first place, then we would heartily suggest the speculators are in the wrong line of business already.


Everyone it seems except the speculators “knew” the ceiling would not go up at this event. This we find impossible to believe. Therein, the Peoples of the Islands of the Philippines “need to know” that once again they are being shafted and we stand up FOR THE PEOPLES AGAINST THE LIBELLOUS SPECULATORS AND THEIR RIDICULOUS STATEMENTS.


Would you not agree?  Salu.


- Uthrania Seila Sentana-Ries Cortez, a representative of the Federation of Unified and Free Planetary Worlds